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An announcement from Alligator Energy Ltd ( (AU:AGE) ) is now available.
Alligator Energy Ltd has received final approval to commence the in-situ Field Recovery Trial (FRT) at its Samphire Uranium Project in South Australia. This trial marks a significant milestone for the company, as it will test the Blackbush Deposit’s mineral resource estimate and gather critical data for a Definitive Feasibility Study and future mining lease application. The trial involves collaboration with local contractors and aims to validate in-situ recovery performance, which is crucial for advancing the project and delivering value to stakeholders.
The most recent analyst rating on (AU:AGE) stock is a Buy with a A$0.07 price target. To see the full list of analyst forecasts on Alligator Energy Ltd stock, see the AU:AGE Stock Forecast page.
More about Alligator Energy Ltd
Alligator Energy Ltd is a company in the uranium industry, focusing on the exploration and development of uranium projects. Its primary project is the Samphire Uranium Project located near Whyalla, South Australia, which includes the Blackbush Resource and the Plumbush Prospect.
Average Trading Volume: 20,006,655
Technical Sentiment Signal: Sell
Current Market Cap: A$97.46M
See more insights into AGE stock on TipRanks’ Stock Analysis page.